Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 4.51% is in line with its 5-year average of 4.34%, near the high end of its 5-year range (4.14%–4.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.87% above its 12-month average of 4.38%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.51%.
RETURN ON INVESTED CAPITAL (ROIC)
4.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.27%
CURRENT VS TTM AVG
+2.87%
CURRENT VS 3Y AVG
+3.31%
CURRENT VS 5Y AVG
+3.89%
CURRENT VS 10Y AVG
+6.61%
CURRENT VS 15Y AVG
+5.56%
CURRENT VS 20Y AVG
+5.64%
SECTOR MEDIAN · UTILITIES
4.09%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+10.29%
vs the sector median at left
Evergy, Inc.
Market Cap
$18.08B
Return on Invested Capital (ROIC)
4.51%
TTM Avg
4.38%
3Y Avg
4.37%
5Y Avg
4.34%
Market Cap
$18.82B
Return on Invested Capital (ROIC)
4.54%
TTM Avg
4.33%
3Y Avg
4.19%
5Y Avg
3.88%
Market Cap
$16.45B
Return on Invested Capital (ROIC)
4.04%
TTM Avg
4.10%
3Y Avg
4.40%
5Y Avg
4.42%
Market Cap
$19.80B
Return on Invested Capital (ROIC)
3.41%
TTM Avg
3.70%
3Y Avg
3.60%
5Y Avg
3.68%
Market Cap
$20.59B
Return on Invested Capital (ROIC)
3.91%
TTM Avg
4.93%
3Y Avg
3.77%
5Y Avg
3.19%
Market Cap
$21.25B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
9.31%
3Y Avg
7.50%
5Y Avg
8.74%
Market Cap
$13.63B
Return on Invested Capital (ROIC)
1.87%
TTM Avg
1.41%
3Y Avg
1.26%
5Y Avg
-0.17%
Market Cap
$24.27B
Return on Invested Capital (ROIC)
4.24%
TTM Avg
3.82%
3Y Avg
3.55%
5Y Avg
3.29%
Market Cap
$24.41B
Return on Invested Capital (ROIC)
4.87%
TTM Avg
3.93%
3Y Avg
3.96%
5Y Avg
3.80%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Evergy, Inc. (EVRG) | $18.08B | 4.51% | 4.38% | 4.37% | 4.34% |
| NiSource Inc (NI)vs › | $18.82B | 4.54% | 4.33% | 4.19% | 3.88% |
| Alliant Energy Corporation (LNT)vs › | $16.45B | 4.04% | 4.10% | 4.40% | 4.42% |
| CMS Energy Corporation (CMS)vs › | $19.80B | 3.41% | 3.70% | 3.60% | 3.68% |
| Edison International (EIX)vs › | $20.59B | 3.91% | 4.93% | 3.77% | 3.19% |
| NRG Energy, Inc. (NRG)vs › | $21.25B | 5.38% | 9.31% | 7.50% | 8.74% |
| Talen Energy Corporation (TLN)vs › | $13.63B | 1.87% | 1.41% | 1.26% | -0.17% |
| PPL Corporation (PPL)vs › | $24.27B | 4.24% | 3.82% | 3.55% | 3.29% |
| Eversource Energy (ES)vs › | $24.41B | 4.87% | 3.93% | 3.96% | 3.80% |
| CenterPoint Energy, Inc. (CNP)vs › | $24.48B | 4.14% | 4.05% | 3.86% | 3.63% |
ROIC
4.5%
ROE
9.1%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 4.51% |
| 2026-03-31 | 4.50% |
| 2025-12-31 | 4.25% |
| 2025-09-30 | 4.30% |
| 2025-06-30 | 4.36% |
| 2025-03-31 | 4.54% |
| 2024-12-31 | 4.52% |
| 2024-09-30 | 4.60% |
| 2024-06-30 | 4.19% |
| 2024-03-31 | 4.17% |
| 2023-12-31 | 4.25% |
| 2023-09-30 | 4.21% |
| 2023-06-30 | 4.36% |
| 2023-03-31 | 4.40% |
| 2022-12-31 | 4.37% |
| 2022-09-30 | 4.17% |
| 2022-06-30 | 4.20% |
| 2022-03-31 | 4.14% |
| 2021-12-31 | 4.39% |
| 2021-09-30 | 4.51% |
| 2021-06-30 | 4.23% |
| 2021-03-31 | 4.07% |
| 2020-12-31 | 3.80% |
| 2020-09-30 | 3.93% |
| 2020-06-30 | 3.98% |
| 2020-03-31 | 4.05% |
| 2019-12-31 | 4.18% |
| 2019-09-30 | 3.96% |
| 2019-06-30 | 3.97% |
| 2019-03-31 | 4.22% |
| 2018-12-31 | 3.97% |
| 2018-09-30 | 3.72% |
| 2018-06-30 | 2.59% |
| 2018-03-31 | 4.34% |
| 2017-12-31 | 4.26% |
| 2017-09-30 | 4.39% |
| 2017-06-30 | 4.15% |
| 2017-03-31 | 4.14% |
| 2016-12-31 | 4.13% |
| 2016-09-30 | 4.13% |
| 2016-06-30 | 4.14% |
| 2016-03-31 | 4.13% |
| 2015-12-31 | 4.07% |
| 2015-09-30 | 4.16% |
| 2015-06-30 | 4.15% |
| 2015-03-31 | 4.21% |
| 2014-12-31 | 4.43% |
| 2014-09-30 | 4.52% |
| 2014-06-30 | 4.48% |
| 2014-03-31 | 4.68% |
| 2013-12-31 | 4.53% |
| 2013-09-30 | 4.55% |
| 2013-06-30 | 4.66% |
| 2013-03-31 | 4.76% |
| 2012-12-31 | 4.42% |
| 2012-09-30 | 4.20% |
| 2012-06-30 | 4.19% |
| 2012-03-31 | 4.12% |
| 2011-12-31 | 4.36% |
| 2011-09-30 | 4.34% |
| 2011-06-30 | 4.13% |
| 2011-03-31 | 4.41% |
| 2010-12-31 | 4.45% |
| 2010-09-30 | 4.49% |
| 2010-06-30 | 4.07% |
| 2010-03-31 | 3.79% |
| 2009-12-31 | 3.54% |
| 2009-09-30 | 3.89% |
| 2009-06-30 | 3.84% |
| 2009-03-31 | 3.38% |
| 2008-12-31 | 4.04% |
| 2008-09-30 | 3.72% |
| 2008-06-30 | 3.90% |
| 2008-03-31 | 4.57% |
| 2007-12-31 | 4.20% |
| 2007-09-30 | 4.58% |
| 2007-06-30 | 4.56% |
| 2007-03-31 | 4.74% |
| 2006-12-31 | 4.62% |
| 2006-09-30 | 4.82% |
| 2006-06-30 | 4.52% |
| 2006-03-31 | 4.41% |
| 2005-12-31 | 4.36% |
| 2005-09-30 | 4.64% |
| 2005-06-30 | 3.90% |
| 2005-03-31 | 4.49% |
| 2004-12-31 | 4.68% |
| 2004-09-30 | 5.64% |
| 2004-06-30 | 5.72% |
| 2004-03-31 | 5.91% |
| 2003-12-31 | 6.38% |
| 2003-09-30 | 3.26% |
| 2003-06-30 | 3.29% |
